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Interactive outranking approaches for multicriteria decision-making problems with imprecise information

Author

Listed:
  • G Özerol

    (Middle East Technical University)

  • E Karasakal

    (Middle East Technical University)

Abstract

PROMETHEE is a powerful method, which can solve many multiple criteria decision making (MCDM) problems. It involves sophisticated preference modelling techniques but requires too much a priori precise information about parameter values (such as criterion weights and thresholds). In this paper, we consider a MCDM problem where alternatives are evaluated on several conflicting criteria, and the criterion weights and/or thresholds are imprecise or unknown to the decision maker (DM). We build robust outranking relations among the alternatives in order to help the DM to rank the alternatives and select the best alternative. We propose interactive approaches based on PROMETHEE method. We develop a decision aid tool called INTOUR, which implements the developed approaches.

Suggested Citation

  • G Özerol & E Karasakal, 2008. "Interactive outranking approaches for multicriteria decision-making problems with imprecise information," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 59(9), pages 1253-1268, September.
    • Handle: RePEc:pal:jorsoc:v:59:y:2008:i:9:d:10.1057_palgrave.jors.2602458
    DOI: 10.1057/palgrave.jors.2602458
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